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vault backup: 2024-01-19 08:09:03
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hpdobrica committed Jan 19, 2024
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- the richer the country, the better the healthcare and the lower the death rate
- but also, the richer the country, the lower the birth rate
- important thing for economic development is that reinforcing loop of capital grows faster than reinforcing loop of population growth, so that population is getting richer instead of poorer
- while it may sound strange that these two systems are similar enough to be considered the same "zoo animal" (factories/production and babies being born and people dying), but what makes them similar is their feedback loop structures - they both have:
- reinforcing growth loop
- balancing death loop
- aging process (steel mills age and die off just like people)
- **systems with similar feedback structures will produce similar dynamic behavior**
-

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